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iGate Global Solutions leads gainers in 'A' group

Tuesday, October 9, 2007

Software firm iGate Global Solutions soared 20% to Rs 317.10 and it topped gainers in the BSE’s A group shares for the third consecutive trading session. The company will announce its Q2 September 2007 results on 10 October 2007.

New-generation private sector lender IndusInd Bank spurted 16.07% to Rs 71.15. It was the second biggest gainer in A group.

Infrastructure financier Infrastructure Development Finance Company (IDFC) rose 12.12% to Rs 164.70 and came third among top gainers in A group. It will declare its Q2 September 2007 results on 14 October 2007.

Power utility Reliance Energy gained 11.17% to Rs 1533.65. It was the fourth biggest gainer in A group. The company will announce its Q2 September 2007 results on 17 October 2007.

Reliance Communications, which is India’s second biggest telecom services provider by sales, rose 10.13% to Rs 705.85 and it stood fifth among top gainers in A group. Citigroup raised its estimate on the stock by 25% to Rs 750 hoping that strong mobile phone subscriber additions month-on-month would reflect in its earnings.

Posted by FR at 8:25 PM  

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Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.